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How can I receive cryptocurrency on Binance?

avatarBablu PrasadDec 15, 2021 · 3 years ago1 answers

I'm new to Binance and I want to know how I can receive cryptocurrency on the platform. Can you guide me through the process?

How can I receive cryptocurrency on Binance?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Receiving cryptocurrency on Binance is super easy! Just follow these steps: 1. Log in to your Binance account. 2. Go to the 'Wallet' tab and select 'Spot Wallet'. 3. Choose the cryptocurrency you want to receive. 4. Click on the 'Deposit' button next to the selected cryptocurrency. 5. You'll see a deposit address. Copy it. 6. Go to the wallet or exchange where you currently have the cryptocurrency you want to send to Binance. 7. Initiate a withdrawal from that wallet or exchange and paste the Binance deposit address as the destination address. 8. Confirm the withdrawal and wait for the transaction to be processed. The time it takes may vary depending on the cryptocurrency. That's it! Once the transaction is confirmed, the cryptocurrency will be added to your Binance account.